Finch Capital商业技术脉搏-一月版

January 2025 Edition Partnering with Ambitious Teamsin Business & Finance TechnologyAccelerating the Path to Profitable Scale Introduction At Finch Capital, we focus on4 core themesacrossBusinessTechnology: Tax & Accounting, Regulatory, Legal & Compliance, HR &Payroll and Business Process Automation.Inthe Market Pulse, welook at recent trends and performance within each theme and theoutlook for the future. We delve into the top M&A and fundraising dealsin Europe and look at the financial performance of public companies ineach core theme, giving us an insight into the current industrylandscape. Business ProcessAutomation Regulatory, Legal &Compliance HR & Payroll Tax & Accounting ▪KYC/KYB/AML andother financial crimeprevention▪Risk management(portfolio, vendor,GRC)▪Security andintelligence tools▪Legislation drivenreporting andtransaction software▪Contract anddocumentmanagement ▪Financialmanagementsoftware & FPA▪Tax prep,management andcompliance▪AP/AR▪Revenue & spendmanagement▪Shareholder/boardplanning▪Audit▪Treasury ▪Software to simplifyoperations in abusiness includingproductmanagement, BI andother businessimprovement tools▪Supply chainmanagement▪Customerrelationshipmanagement▪Data integrationacross organization ▪Talent acquisition▪Resourcemanagement▪Payroll technologies▪Human capitalmanagementplatforms▪Rewards & benefitsmanagement▪Performancemanagement▪Compensationmanagement Finch Capitalis a growth investor, partnering with ambitious teams inBusiness & Financial Technology. With €450mAuM, we backcompanies generating €2m+ in annualized revenues by investingtickets of up to €20m. We aim to help our companies scale to €30m-€50m in revenues by building sustainable and capital-efficientbusiness models. We have invested in±45 companies includingFourthline,Goodlord, Grab, ZOPA,Twisto,AccountsIQ,NomuPayandSymmetrical. Business TechSummaryDashboard-December 2024 December Highlights •Regulatory, Legal, and Compliance showed strong resilience in2024,driven by an increasingly complex regulatory landscape and asteadily digitising legal industry.•Business Process Automation Tech has seen a booming H1 in2024, with the emergence ofGenAIand the diversification of its usecases. 2025 should uncoverDeepSeek’simpact on this vertical.•Tax & Accounting Tech have been consolidating in 2024, mostlydriven by PE-backed strategic acquirers (e.g. IRIS SoftwareacquiringDextin Dec24).•HR & Payroll also presents AI use cases that couldrevolutionise the space,but existing providers are yet to bechallenged by an AI-led emerging leader. Tax & Accounting Regulatory, Legal & Compliance HR & Payroll Business Process Automation